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Positive PEA Results For Zonia Copper Project
VANCOUVER – Edge Copper Corporation reported positive results from a NI 43-101 Preliminary Economic Assessment (PEA) on its Zonia Copper Project, located in Arizona.
“These results highlight a solid economic foundation and represent only an initial indication of Zonia’s potential as they are based on historical data, such as recovery and drilling assumptions,” said, Chair and CEO, Gil Clausen. “We see potential to improve recoveries through additional metallurgical test work, including finer crushing studies, which are planned for this year. Further, we also believe that expanding the resource will be a significant driver of value going forward. The objective of our current drill program is to: 1) add more resources and extend the mine-life, which has the potential to continue to improve the economics of the project, and 2) upgrade the resource classifications to support a pre-feasibility study in 2027. We see strong upside beyond the current known mineral resource, as well as at other high-priority exploration targets to the north, south and east. Our focus is to continue drilling to support Zonia as a scalable, long-life copper project. Zonia is well positioned to be of strategic relevance as a sizable source of U.S.-based copper supply.”
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